US EditionDivided US Senate rejects latest bid to overturn Trump tariffs
- The US Senate rejected a bipartisan resolution on Wednesday aiming to block President Donald Trump's global tariffs with a 49-49 tie vote in Washington, D.C.
- The resolution emerged after Trump announced tariffs on nearly all US trading partners in early April but suspended them for 90 days following a market crash.
- Supporters argue the tariffs have disrupted markets, raised recession risks, and increased costs, while Trump maintains they pressure China and the US economy remains resilient.
- Senate Minority Leader Chuck Schumer said tariffs have "raised the odds of recession and sent markets into a tailspin," while Senator Elizabeth Warren labeled the situation a "fake emergency."
- The vote's failure prolongs uncertainty for US consumers and businesses, with congressional limits on executive tariff powers unlikely to pass soon, and the resolution blocked in the House.
235 Articles
235 Articles
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